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Goptarenko, Y. A. Ukrainian parliament attempts to enhance regulation of consumer lending [Text] [Текст] / Y. A. Goptarenko // The Ukrainian Journal of Business Law. – Kiev : ПрАТ "Юридична практика", 2012. – Vol. 10, № 1-2 : In focus: Tax. – P. 36-37.
On 16 October a law introducing amendments to a number of Ukrainian laws governing relations between creditors and consumers of financial services became effective. The law is expected to affect the position of both parties to consumer lending - banks and their borrowers. One of the main developments of the law relates to the renewal of a ban on extending consumer loans in foreign currency on the territory of Ukraine.
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